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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The development of an international hydrogen market could also accelerate adoption. MMbtu in Russia, $8.7/MMbtu

Gas 243
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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. The decline was driven by a surge in shale gas supplies and more attractive renewable power that displaced coal.

Economy 199
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International study identifies 14 key measures to reduce methane and black carbon emissions; reduction in projected global mean warming of ~0.5 °C by 2050

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A study by an international team of researchers, led by Drew Shindell of NASA’s Goddard Institute for Space Studies (GISS) in New York City, has identified 14 measures targeting methane and black carbon (BC) emissions that could reduce projected global mean warming ~0.5°C Source: Shindell et al. Click to enlarge. —Shindell et al.

Carbon 257
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Global CO2 emissions stalled for the third year in a row

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Other main findings include: In 2016, China, US, EU28, India, Russia and Japan, the world’s largest emitters in decreasing order of CO 2 emissions, accounted for 51% of the population, 65% of global Gross Domestic Product, 67% of the total primary energy supply and emitted 68% of total global CO 2 and circa 65% of total global GHGs.

Emissions 150
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Study: 87% of world’s population in 2013 lived in areas exceeding WHO PM2.5 guidelines

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annual average), according to a major international study published in the ACS journal Environmental Science & Technology. The Global Burden of Disease (GBD) 2013 provided important estimates of the global health impacts attributable to ambient air pollution. Between 1990 and 2013, global population-weighted PM 2.5 Click to enlarge.

2013 150
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Separate MIT, IEA reports both outline major expansion in role of natural gas; caution on climate benefits

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Separately, the International Energy Agency (IEA) released its own report exploring the potential for a “golden age” of gas. In the US, a combination of demand reduction and displacement of coal-fired power by gas-fired generation is the lowest cost way to reduce CO 2 emissions by up to 50%.

MIT 210
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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2 ] Rasmussen’s “one agreement, two steps” plan was quickly endorsed by US President Obama, as well as Australia’s Prime Minister Rudd and Russia’s President Medvedev, all of whom were present at the APEC summit. Without a clear and ambitious number, the whole agreement will be in danger ” [ 8 ].

Climate 236